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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: Still Rolling who wrote (20535)	4/2/2000 10:34:00 PM
From: Ron Dior	Read Replies (1) \| Respond to of 29970

Sunday April 2, 6:31 am Eastern Time Web searcher Excite Europe eyes 2 bln stg float LONDON, April 2 (Reuters) - Excite Europe, the internet search engine, has said it is considering a two billion pound ($3.2 billion) stock market flotation, the Observer newspaper reported on Sunday. Excite Europe is a subsidiary of the U.S. search engine Excite@Home, partially owned by AT&T (NYSE:T - news) and Cox Communications (NYSE:COX - news). Its core business in Britain is Excite.co.uk, a joint venture with British Telecommunications Plc (quote from Yahoo! UK & Ireland: BT.L). ``An initial public offering is something we are thinking about but its not the only way (to raise cash to finance expansion),' the newspaper quoted Excite Europe Managing Director Evan Rudowski saying. The Observer said a float would make sense for BT which is keen to realise the value of some of its non-core investments. ($1 equals .6271 Pound) Ron Dior